Exclusive jurisdiction clause forum must decide if debt is disputed, HK appeal court rules
The former bankrupt owned an international care home business (Credit: Shutterstock.com/KwameAmo)
Hong Kong’s Court of Appeal has overturned a local bankruptcy order against the Chinese owner of an international care home business, finding that a New York court should have determined whether there was a dispute over his debt first in line with an exclusive jurisdiction clause in the debt contracts.
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